Nvidia Stock Forecast: Morgan Stanley Raises Target to $200 on Strong AI Demand

Morgan Stanley analyst Joseph Moore raised Nvidia's price target to $200, citing exceptional AI demand from hyperscalers and internet firms. He also raised targets for Broadcom, Astera Labs, Marvell Technology, and Advanced Micro Devices. Moore's optimism is driven by strong long-term prospects for Nvidia's AI chip, Blackwell, and easing supply constraints.

Morgan Stanley analyst Joseph Moore has raised the price target for Nvidia (NVDA) stock to $200, citing exceptional demand for AI chips from hyperscalers and internet firms. Moore's optimism is driven by strong long-term prospects for Nvidia's AI chip, Blackwell, and easing supply constraints. The analyst also raised targets for Broadcom, Astera Labs, Marvell Technology, and Advanced Micro Devices, reflecting a bullish outlook on the AI semiconductor sector [1].

Moore noted that the increase in enthusiasm for AI semiconductors is justified by long-term strength in the business. He highlighted that all his data points and contacts indicate a clear acceleration in inference workloads, driving demand for more compute power. The analyst is not concerned about the higher valuations for AI chipmakers, asserting that his conviction on AI spend durability in 2026 continues to grow. He expects at least three of the four top cloud customers to ask for upside, along with notable strength from neoclouds and consumer internet companies [1].

In the second half of 2025, the ramp of Nvidia's Blackwell chip sales, as well as supporting chips for connectivity, networking, and memory, is expected. Moore increased his price target on Nvidia stock from $170 to $200, reflecting his optimism about the company's AI infrastructure solutions. Nvidia's stock rose 2.1% to close at $179.27 on Wednesday following the upgrade [1].

Nvidia's dominance in the AI chip market is underpinned by its technological edge, strategic partnerships, and proactive response to global challenges. While competition and regulatory risks linger, the company's long-term growth story remains compelling. For investors with a 3-5 year horizon, Nvidia's stock offers a high-conviction play in the AI revolution [2].

References:
[1] https://www.investors.com/news/technology/nvidia-stock-ai-chip-peers-price-target-hikes/
[2] https://www.ainvest.com/news/nvidia-dominance-ai-chip-market-earnings-catalysts-long-term-potential-2507/